Andrew Caspersen, son of Tampa's Harbour Island developer Finn Caspersen, reached a settlement with the Securities and Exchange Commission this week that permanently bars him from the investment industry, the SEC announced.

On July 6, Andrew Caspersen pleaded guilty to defrauding investors of more than $38 million and misappropriating more than $8 million from his former employer, according to the U.S. attorney for the Southern District of New York. His sentencing is scheduled for Nov. 2.

Andrew Caspersen, 39, was a former managing principal at Park Hill Group. He was dismissed in March. Finn Caspersen, who once ran the finance company Beneficial Corp., killed himself in 2009 in Rhode Island amid a federal tax investigation.

The Tampa Metropolitan Area YMCA has named Matt Mitchell its new chief executive officer, effective Oct. 16. Selected by the Y's CEO Search Committee following a five-month search, Mitchell will succeed Tom Looby, who is retiring. Looby has served the Y Movement for 37 years, the past 10 …

All of Florida's 97,000 state prison inmates are on lockdown — and will remain confined to their dorms at least through the weekend — in response to unspecified threats about possible uprisings, officials from the Florida Department of Corrections confirmed Thursday.